E&S Enters Strategic Alliance with HAVELSAN of Turkey.Business Editors/High-Tech Writers SALT LAKE CITY--(BUSINESS WIRE)--June 16, 2003 Evans & Sutherland Computer Corp. (E&S(R)) (Nasdaq: ESCC ESCC Eastern Shore Community College ESCC East Sussex County Council ESCC Esophageal Squamous Cell Carcinoma ESCC Enhanced Serial Communication(s) Controller ESCC Electrically Self-Calibrating Cavity ) today announced that the company has signed a Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. (MOU (Minutes Of Usage) A metric used to compute billing and/or statistics for telephone calls or other network use. ) with HAVELSAN (Hava Elektronik Sanayi ve Ticaret A.S.) of Ankara, Turkey. The agreement continues a long-term relationship between the companies for cooperation in the pursuit of simulation training opportunities in Turkey and other markets. E&S develops and produces the world's most advanced visual systems for simulation, while HAVELSAN is a leading systems integrator with expertise in the design, development, management, integration, support and supply of simulation systems. With the signing of this MOU, the companies are now poised to pursue and successfully execute simulation training programs as a team. "A strategic alliance with HAVELSAN makes perfect sense for both our companies," said E&S President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. James Oyler. "Our strengths are complementary, and our efforts will result in an extremely compelling solution for customers in this region and all over the world." "The synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action. between HAVELSAN and E&S is evident to us, and it will soon be demonstrated to our customers," said HAVELSAN Deputy General Manager Dr. Zaim Cil. "We are currently engaged to deliver full flight simulators Full Flight Simulator (FFS) is a term used by National (civil) Aviation Authorities (NAA) for a high technical level of flight simulator. Such authorities include the Federal Aviation Administration (FAA) in the United States and the European Aviation Safety Agency (EASA) in Europe. of CN-235 aircraft to both the Turkish and Korean air forces Korean air force may refer too:
About Evans & Sutherland Evans & Sutherland produces professional hardware and software to create highly realistic visual images for simulation, training, engineering and other applications throughout the world. E&S visual systems are used in both military and commercial systems, as well as planetariums and interactive theaters. Visit the E&S Web site at http://www.es.com. E&S is a trademark of Evans & Sutherland Computer Corp., Salt Lake City. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion